Research Update: Canadian Tire Corp. Ltd. 'A-1(LOW)' CP Program Rating Withdrawn At Company's Request - S&P Global Ratings’ Credit Research

Research Update: Canadian Tire Corp. Ltd. 'A-1(LOW)' CP Program Rating Withdrawn At Company's Request

Research Update: Canadian Tire Corp. Ltd. 'A-1(LOW)' CP Program Rating Withdrawn At Company's Request - S&P Global Ratings’ Credit Research
Research Update: Canadian Tire Corp. Ltd. 'A-1(LOW)' CP Program Rating Withdrawn At Company's Request
Published Aug 25, 2015
3 pages (956 words) — Published Aug 25, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

On Aug. 25, 2015, Standard&Poor's Ratings Services affirmed and subsequently withdrew its 'A-1(LOW)' Canada scale commercial paper (CP) rating on Canadian Tire Corp. Ltd.'s C$800 million CP program, at the company's request. Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 Corporate Methodology, Nov. 19, 2013 Key Credit Factors For The Retail And Restaurants Industry, Nov. 19, 2013 Methodology For Linking Short-Term And Long-Term Ratings For Corporate, Insurance, And Sovereign Issuers, May 7, 2013 Ratings Affirmed Canadian Tire Corp. Ltd. Commercial paper Canada scale A-1(LOW) Rating Withdrawn To From Canadian Tire Corp. Ltd. Commercial paper Canada scale NR A-1(LOW) NR--Not rated.

  
Brief Excerpt:

...On Aug. 25, 2015, Standard & Poor's Ratings Services affirmed and subsequently withdrew its 'A-1(LOW)' Canada scale commercial paper (CP) rating on Canadian Tire Corp. Ltd.'s C$800 million CP program, at the company's request....

  
Report Type:

Research Update

Ticker
CTR@CN
Issuer
Canadian Tire Corp. Ltd.
GICS
General Merchandise Stores (25503020)
Sector
Global Issuers, Structured Finance
Country
Canada
Region
Canada
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Canadian Tire Corp. Ltd. 'A-1(LOW)' CP Program Rating Withdrawn At Company's Request" Aug 25, 2015. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Canadian-Tire-Corp-Ltd-A-1-LOW-CP-Program-Rating-Withdrawn-At-Company-s-Request-1442461>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Canadian Tire Corp. Ltd. 'A-1(LOW)' CP Program Rating Withdrawn At Company's Request Aug 25, 2015. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Canadian-Tire-Corp-Ltd-A-1-LOW-CP-Program-Rating-Withdrawn-At-Company-s-Request-1442461>
  
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